Common use of Mortgage Loans Security for the Bonds Clause in Contracts

Mortgage Loans Security for the Bonds. The Mortgage Lender recognizes that Mortgage Loans to be delivered by the Mortgage Lenders under this Agreement may form the primary security for, and the primary source of revenue for, the payment of the Bonds.

Appears in 7 contracts

Sources: Mortgage Origination Agreement, Mortgage Origination Agreement, Mortgage Origination Agreement